Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (51860)	8/29/2002 11:03:33 PM
From: John Madarasz	Read Replies (1) \| Respond to of 209892

lol...i was trying to talk to mike dewd...ree mother f-ing lax<g>

To: AllansAlias who wrote (51860)	9/2/2002 10:18:53 PM
From: John Madarasz	Read Replies (2) \| Respond to of 209892

These are all daily charts...no annotations necessary; check out the BPCOMPQ vs the BPNDX too... notice the (25) (15)slow stochs set up into a weekly parameter reading on these long term dailies ...all maxing out, or close to it. SPX stockcharts.com[g,a]daclnyay[d19960101,20020902][pf][vc60][iUb14!Uh25,15]&pref=G COMPQ stockcharts.com[g,a]daclnyay[d19960101,20020902][pf][vc60][iUb14!Uh25,15]&pref=G NDX stockcharts.com[g,a]daclnyay[d19960101,20020902][pf][vc60][iUb14!Uh25,15]&pref=G NYSE stockcharts.com[g,a]daclnyay[d19960101,20020902][pf][vc60][iUb14!Uh25,15]&pref=G plenty of spots for bulls and bears alike as lagging smaller caps and value "off the beaten track" sectors get some rotation, but at this juncture i continue to feel that any continued strength is a good selling opportunity. no way in hell i could consider getting long any tech on smaller pullbacks for any kind of I/T trade with weekly conditions still reading so heavily overbought. gotta burn some of that off imo in the longer timeframes. Longer term cycle work is so compelling at this point going into the next couple months, and so negative imo, that it just can't be ignored. I don't think the general public, or the vast majority of fund managers know jack shit about this kind of cycle work. They're just to busy chasing each other around in circles. an interesting aside too pointed out by security trader...now thresholdtrading, iff you look at a pnf chart of a leader like softy, it clearly sez "BUY"...obvious reversal and column of x's headed back up. Look at a traditional candlestick chart and theres a weak wimpy base full of holes that sez "RETRACE" and base.... perfect example of how misleading stuff is out there...and there is a TON of that kind of stuff floating around out there right now...just a whole raft of gaps and unsustainable bases. Nothing sez this rally has to match the % gains of any previuos bear market rallies. That's a fools game to assume that kind of thing.